EASTMAN KODAK CO. - EK
Monthly chart shows price consolidating near its lows. Price has been unable to rise above the $30 level.
Weekly chart shows a three wave abc pattern into the $30 area high. Price now below the key LIS of $27.75
Daily chart shows increased selling pressure on Friday. Look for continued weakness and for sellers to take the price lower to test the prior lows of $18.93.
Saturday, November 03, 2007
EK Analysis for 11.03.2007
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